Senator Jack Reed (D-RI) makes a statement at a press conference in support of a middle class only tax cut. Moments earlier in a rare Saturday session, the Senate rejected President O'bama's proposal to end the Bush-era tax breaks on income above $250,000 for couples and $200,000 for individuals. The Senate also rejected an alternative proposal, championed by Sen. Chuck Schumer (D-NY) to end the tax breaks only on income exceeding $1 million. On Capitol Hill in Washington DC, Dec. 4, 2010. (Photo by Jeff Malet)